undertaking - FinTecBuzz

Huobi Eco Chain Announces One-Million-Dollar Incentive Program

PRNewswireJuly 22, 20215 min

Huobi Eco Chain (HECO), a decentralized, EVM-compatible public chain, today announced the initiation of its One-Million Dollar Incentive Program, aiming to motivate blockchain developers and empower HECO decentralized application market. The program will be the first to open a blockchain market in the Russian-speaking region. The goal of HECO Chain was never to emulate other systems, but rather to leverage the innovative approach of using distributed governance through global developers and distributed technology to create an open,...

Blockchain

Korea’s Shinhan Bank Joins Klaytn Blockchain Governance Council

PRNewswireJune 29, 20213 min

Klaytn, the public blockchain project led by the South Korean Internet giant Kakao, today announced that Shinhan Bank has joined the Klaytn Governance Council to partake in the platform’s blockchain operation. Undertaking the Klaytn platform ownership, the Council members function as key decision-makers for Klaytn’s business and technical developments, including the consensus node network operation dedicated to advancing blockchain utility. Existing members include Worldpay, LG Electronics, and more. Shinhan Bank, a global financial leader in...

Payments

Mastercard & ACI Worldwide Announce Payments Infrastructure Collab

BusinessWireFebruary 23, 20218 min

Modernizing Peru’s real-time payments infrastructure is Mastercard and ACI’s first partnership project since the announcement of their alliance to develop real-time payment solutions around the world Mastercard’s Instant Payment Service will allow for the processing of 24/7 real-time payments using the ISO 20022 standard as a managed service, enabling banks to develop new use cases for customers ACI is helping financial institutions in Peru manage the transition to the new ISO 20022 standard by offering...

Payment Platform

Southeast Asia’s Cross-Border Real-Time Payments Network Emerges with Payments Innovation

BusinessWireJune 26, 20208 min

New report envisions the development of Southeast Asia’s pan-regional real-time payments ecosystem

Payment Platform

Visa Launches Small Business Hub to Help Entrepreneurs Put their Best Digital Foot Forward

BusinessWireJune 25, 20207 min

Visa Small Business Hub Provides Single Destination for Small Businesses Seeking to Bounce Back Includes Discounts for U.S.-based Small Businesses from Authorize.Net, 3dcart, FreshBooks, Magnet by Figg, PayPal, Shift4 Payments, Shopify, Wave, Wix.com, WordPress.com and Yelp, among others

Direct Lending – Consumer

iwoca Announces OpenLending Which Aims To Serve 2 Million SMEs by 2023 in Fintech First

PRNewswireMarch 19, 20205 min

Easy money mobile app, Monese, becomes latest partner to join OpenLending, with Xero planning to join within a year, Through OpenLending iwoca can enable fintechs, banks and other partners to provide micro businesses with fast and digital access to finance at a crucial time

Banking Platform

Backbase Debuts ‘Backbase-as-a-Service’ to Help Banks Innovate at Scale & Remove Infrastructure Hurdles

BusinessWireJanuary 15, 20204 min

Digital banking software provider, Backbase, has today announced the launch of its next generation Backbase-as-a-Service. This managed cloud platform service covers Backbase’s entire portfolio of banking products, helping banks to innovate with speed whilst reducing their costly operational hurdles. At present, banks face a twofold threat; both from more technologically-capable neo-bank competitors and, more recently, from the expansion of big tech into banking. In this new digital environment, agility and fast time to market is...

Investment Platforms

Itiviti Works With Bloomberg to Further Facilitate Transition for SSEOMS Clients

PRNewswireJuly 17, 20197 min

Itiviti, a leading technology and service provider to financial institutions worldwide, is pleased to announce a collaboration with Bloomberg LLC to enable a seamless transition and onboarding process for clients currently using Bloomberg SSEOMS to Iitiviti’s multi-asset Order Management System (OMS). This collaboration includes sharing key SSEOMS platform information, and goes further to enable pre-integration of key Bloomberg products, including the Bloomberg Market Data Feed (B-PIPE) and DASH Enterprise, a solution which helps sell-side firms...

Payment Platform Payments

Vakrangee Limited Launches Domestic Money Transfer at its Nextgen Outlets

FTB News DeskDecember 26, 20187 min

Vakrangee Limited, one of the world’s largest franchisee-based, multi-service retail network, has announced the launch of its Domestic Money Transfer service in partnership with Eko India Financial Services Pvt Ltd., an authorised Prepaid Instrument License holder from RBI, through its nation-wide network of Nextgen Vakrangee Kendras. These Nextgen Vakrangee Kendras offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, e-Governance, Financial services and logistics. This Domestic Money Transfer service can...

Compliance & Scoring Scoring

Detroit-based Rock Holdings Acquires Dictionary.com* and Thesaurus.com**

FTB News DeskNovember 15, 20188 min

Detroit-based Rock Holdings, Inc., progenitor to considerable FinTech and other online enterprises, inclusive of Quicken Loans – the nation’s largest mortgage lender – today disclosed the acquisition of Oakland, California-based Dictionary.com and Thesaurus.com in accord with their begetter, IAC. These forums are the nation’s preeminent online erudition resource and information concourses, eliciting in excess of 540 million page explorations per approximate lunar cycle. “From the genesis, we admit to invariable conjecture in the unmitigated competency of online mechanization to ameliorate...

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